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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: SilentZ who wrote (422739)	10/5/2008 8:46:52 PM
From: Brumar89	Read Replies (2) \| Respond to of 1575396

I see from the media thats what people are being told. I say Obama will lose and it wont be close. We'll see which is right, the media or my judgment about America.

To: SilentZ who wrote (422739)	10/5/2008 10:15:02 PM
From: bentway	1 Recommendation Read Replies (1) \| Respond to of 1575396

I don't think that anyone has realized how bad this financial problem is. It involves 60 trillion ( minimum estimate - no one really knows ) of complex derivatives hedged by credit-default swaps ( unregulated "insurance" ) with no reserve money to pay off. We're going into a world wide recession up to and through the election and for many years beyond, that is, if we're lucky. The world will blame us. No one even knows the magnitude of the problem yet. $700 billion won't fix it. Republicans are to blame, just as they were for the Great Depression. Right-wing ideology is not a sound financial plan.